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<p>I have been asked to reply on behalf of the Department for Business, Innovation and Skills.</p><p>The Government published its response to ‘No Stone Unturned’ by Lord Heseltine in March 2013. That response accepted in full or in part 81 out of Lord Heseltine's 89 recommendations.</p><p>Central to the Government's response was a commitment to create a Local Growth Fund (LGF) in England from 2015, including over £2 billion of budgets from skills, housing and transport for 2015-16. Funds will be allocated from the LGF as part of Growth Deals, which are being negotiated with every Local Economic Partnership (LEP), including those in the East Midlands. As part of this, LEPs are currently developing Strategic Economic Plans and will share their first drafts with Government in December.</p><p>The Government continues to take forward the wide-ranging recommendations as part of the usual policy process, to ensure we rise to the challenge to</p><p>significantly advance the process of decentralisation, unleash the potential of local economies, strengthen partnerships with industry and foster economic growth.</p> |